2010 Actuarial Society of New York Annual Meeting
Monday, November 15, 2010
We are very excited to open registration and share the lineup for this year’s meeting. At the general sessions, an accomplished group of industry leaders will present on a broad range of topics of interest to actuaries in all disciplines. The afternoon breakout sessions will feature many choices of more focused topics for life, health and pension actuaries.

Descriptions of the general sessions are provided below.

Healthcare Reform: The Patient Protection and Affordable Care Act (PPACA) and its implications on projected Medicare costs

Rick Foster, Chief Actuary, Centers for Medicare and Medicaid Services

Now that Congress passed the PPACA and the President signed it into law, the access and affordability problems have been solved, and with one stroke of the pen, the die has been cast, and all our budget woes have all been solved, right? Richard Foster will discuss topics such as his office’s analysis of the new legislation, the Medicare Trustees’ report, and the role of an independent actuarial office in the Federal government.

Chief Risk Officer Panel: Managing Risk in Uncertain Times

Helen Galt, Senior Vice President, Company Actuary & Chief Risk Officer, Prudential
Gideon Pell, Senior Vice President and Chief Risk Officer, New York Life
Andrew Wallace-Barnett, Senior Vice President & Chief Risk Officer, AXA
Henry Essert (moderator), Executive Advisor – Risk, Ernst & Young

Between the financial crisis, looming accounting changes, and regulatory reform, the insurance industry is in the midst of many key challenges. A panel of Chief Risk Officers from three leading insurance companies will discuss current risk management topics, impacts of industry challenges, and how they envision the risk management discipline evolving in the future.

Life Insurance Industry Outlook: A Rating Agency Perspective

Greg Gaskel, Director - Life Insurance, Standard & Poor’s

Standard & Poor’s will highlight its outlook for the life insurance sector and key drivers that will impact ratings such as operating performance, capitalization and competitive position. Evolving liability and investment exposures will be a key focus as companies "de-risk" their profiles, while concerns remain on both sides of the balance sheet.

Professionalism Topics

S. Michael McLaughlin, 2010 SOA President, Global Leader, A&IS, Deloitte

The 2010 SOA President will present on professionalism, ethics, plagiarism, malpractice, and litigation matters, from the perspective of the practicing actuary. Practical examples will be given and time will be allowed for questions and answers.

Breakout sessions and other details are available by following the meeting link.

Training Session on Microsoft Outlook Presented by Family Services of Westchester
Thursday, August 12, 2010
Most companies and individuals use Microsoft Outlook as their email, contacts, tasks and calendar manager. Many individuals are doing their own scheduling of meetings and managing their day-to-day calendars and this seminar is offered to help individuals effectively manage their time. Here is a great opportunities for all types of individuals, actuaries and non-actuaries, to learn valuable skills.

Sample topics will include learning all aspects of using Microsoft Outlook including, The Outlook Screen, Outlook Bar, The Mail, Your Inbox, The Size of your Inbox, Sorting, New Message, Creating a Personal Folder, Archiving in Outlook, Distribution list, The Calendar, The Calendar, Screen, The Day Icon, Move from Month to Month, The Week Icon, The Month Icon, The Plan a Meeting Icon, Adding an Appointment, Recurring Reminder Private Tentative, Editing an Appointment, Inviting Others to an appointment, Contacts, Editing a Contact, Adding Contacts from the same Company, Locating an Item in the Contacts Folder, Sending a Letter to a Contact, plus other valuable skills in Microsoft Outlook.

Course is designed to help both beginnings and advance/power users of Microsoft Outlook. We encourage actuaries to forward to non-actuaries in their organization.

Independent and unemployed individuals might find beneficial as well since an opportunity to learn valuable computer skills at a very low cost.

For this event, non-ASNY members will be offered the ASNY member discount. We want to thank Family Services of Westchester for putting on this event.

ABOUT THE INSTRUCTOR: David Thomas has been a software instructor for 20+ years. He has worked for Executrain as a Microsoft Office trainer, and Direct Media and Giant Bear Inc. as a trainer and technical writer. He has taught numerous customized classes to various groups and local residents for the past year in Port Chester and advised many businesses on worker productivity and workforce development.

NOTE: ADVANCED REGISTRATION IS REQUIRED. NO WALKINS WILL BE PERMITTED.

NEWS: ST. JOHN’S SCHOOL OF RISK MANAGEMENT, INSURANCE, AND ACTUARIAL SCIENCE ANNOUNCES EXAM PREP COURSES
Wednesday, July 21, 2010
The Center for Professional Education (CPE) at St. John’s School of Risk Management, Insurance, and Actuarial Science offers regular exam preparation courses at our campus at 101 Murray Street in lower Manhattan. The Exam Prep Course for Exam FM/2 begins NEXT WEEK, with additional courses (see below) now on the near horizon.

ASNY MEMBERS WILL BE OFFERED A 10% DISCOUNT FOR THESE COURSES, OFF OF THE TUITION AMOUNTS LISTED BELOW.

Exam FM/2 – Financial Mathematics. This exam prep course begins on Thursday, August 26, and runs through October 28. The course starts at 5:30p.m. and ends at 8:30 p.m. at 101 Murray Street, meeting on Thursday evenings. There are a total of 10 sessions. The cost is $1195. We are targeting the December 1st exam date. Our records show the application date for this exam is October 20.

Exam P1 – Probability: This exam prep course begins on Sunday September 19th, and runs through October 17. The course starts at 9:00 a.m. and ends at 4:00 p.m. (5 sessions in total). Total hours are 30 hours. We are targeting the November 16 Exam Date with an application date of October 5. Cost is $1195.

Click on the links below to find a course summary and a registration form. Instructions for registration, payment and directions are found on the registration form. Please note that CPE reserves the right to cancel a class for low enrollment.

Please call the Center for Professional Education at St. John’s School of Risk Management at 212-277-5161, or send an E-mail inquiry to cpe@stjohns.edu for more information.

NEWS: ASNY is now on Linked In!
Friday, August 29, 2008
Do you have a Linked In profile? Would you like an easy way to connect with fellow ASNY members and extend your professional network? Well, now you can with ASNY on Linked In. This is great way to stay connected and network with other members of ASNY.

Please come join us. All you need to do is follow this link http://www.linkedin.com/e/gis/708007 and then click the yellow button ’Join’.

To learn some of the benefits of Linked In, read this article from ImageOfTheActuary.org http://www.imageoftheactuary.org/Home/CareerArticles/CommunicationSkills/AreYouLinkedIn/tabid/267/Default.aspx

NEWS: ASNY to donate to The Actuarial Foundation
Wednesday, November 18, 2009
In past years, ASNY has contributed to The Actuarial Foundation. This year, ASNY will match dollar for dollar any donations made by ASNY members up to $5,000.00. If you are making a donation by check, please write “For ASNY Match Program” on the check. Please mail in contributions prior to December 31st to qualify for the match and send payments to The Actuarial Foundation 475 North Martingale Road, Suite 600, Schaumburg, IL 60173-2226.
On-line donations for ASNY members can be made at: http://www.actuarialfoundation.org/donate/index.shtml,

NEWS: 2009 Presentations Posted on ASNY Website
Wednesday, May 20, 2009
Below is a list of continuing education courses offered in 2009.

January 14th - Debate over US Social Security System and Retirement Benefit Formula presented by Buffin Partners & David Langer Company.

January 26th - An Equity and a Rating Analyst’s Prospective on Life and Health Insurance Companies presented by A.M. Best & Company and Merrill Lynch.

February 26th - Solutions in Mitigating Plan Sponsor Risks for Pensions & Other Postemployment Benefits presented by Metropolitan Life Insurance Company.

March 4th - Webinar on "Secrets to Becoming a Master Networker" presented by John West Hadley.

March 12th - How ERM Can Prevent a Future Global Financial Crisis presented by Watson Wyatt, Willis Re, Berliet Associates LLC, Guardian Life Investments, and Society of Actuaries.

March 18th - Overview of Longevity Risk in Life Settlements presented by Aquarius Capital.

May 5th - Medicare and the Group Retiree Health Marketplace presented by Hartford Life Insurance Company.

May 27th - Overview of the Health Reinsurance market presented by Aquarius Capital.

June 4th - Younger Actuarial Network sponsoring an event called 2009 NY Education and Networking Event. Event includes presentations followed by a networking event.

August 27th - Presentation on Cutting Edge Variable Annuity Guarantees by Ryan Hinchey and Mark Hadley.

September 24th - Structured Judgments and Periodic Payments in New York: A Unique and Complex System for Tort Awards presented by Anthony Riccardi

We have posted several of the presentations on the ASNY website below. If you have any questions or wish to volunteer for future continuing education courses, please contact us at events@goasny.org.